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Forex Trend Analysis Report

Prepared for you on Sunday, December 8, 2024.

Swedish Krona/Brazilian Real (FOREX:SEKBRL)

Bull Market Weakness (+75) - SEKBRL is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEKBRL as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SEKBRL?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKBRL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKBRL
Open High Low SEKBRL Price Change
0.55355728 0.55747437 0.55068409 0.55685808 +0.00330100
Entry Signal

MarketClub’s Trade Triangles for SEKBRL

long term up The long-term trend has been UP since May 28th, 2024 at 0.49026767

intermediate term down The intermediate-term trend has been DOWN since Nov 6th, 2024 at 0.53374894

short term up The short-term trend has been UP since Nov 24th, 2024 at 0.52905628

Smart Scan Analysis for SEKBRL

Based on our trend formula, SEKBRL is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SEKBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.55355728 0.55747437 0.55068409 0.55685808 +0.00330100
Prev. Close Volume Bid Ask Time
0.55355728 2024-12-06 17:06:30
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